Mercia’s NPIF portfolio company, Abingdon Health, raises £22.0million

Mercia Asset Management PLC,  one of the UK’s most active providers of investment to regional SMEs, has announced that its managed funds portfolio company, Abingdon Health (“Abingdon”), has successfully raised £22million following its admission to the AIM market of the London Stock Exchange earlier today. Abingdon is a lateral flow diagnostics company providing contract service

Interim Results 2020

Mercia Asset Management PLC (AIM: MERC), the proactive, regionally focused, specialist asset manager is pleased to announce its interim results for the six months ended 30 September 2020.     Financial results Total assets under management (“AuM”) (which includes the Group’s consolidated net assets) increased by 78.0% compared to 30 September 2019 to c.£872million (H1

People we have backed – Giles Hampson

Views from a CEO – Giles Hampson, CEO of Recruitment Management Group   About RMG RMG has successfully positioned itself within the recruitment sector as an executive search consultancy. The firm takes pride in recruiting outstandingly talented people who make a significant and lasting impact across a range of sectors including healthcare and chemicals and

How to improve your loan application

Chris Pestell, Investment Director of Mercia SME Loans explains how to avoid the most common mistakes that companies make when applying for a business loan. As an investment director and former banker who has spent over 30 years liaising with companies seeking loans, Chris said it never failed to surprise him how many applications fall

Preliminary results for the year ended 31 March 2020

Mercia Asset Management PLC (AIM: MERC), the proactive, regionally focused specialist asset manager, is pleased to announce its preliminary results for the year ended 31 March 2020.   Profitable trading achieved ahead of plan, driven by AuM growth   Financial results Assets under management increased by 58% to c.£800million (2019: c.£507million) Revenue increased 19.4% to